News / USA

House Postpones Vote on Republican Debt Ceiling Plan

House Speaker John Boehner of Ohio, second from right, and fellow House Republicans leave a news conference on Capitol Hill in Washington, Thursday, July 28, 2011. From left are, Rep. Jeb Hensarling, R-Texas, House Majority Leader Eric Cantor of Va., Rep.
House Speaker John Boehner of Ohio, second from right, and fellow House Republicans leave a news conference on Capitol Hill in Washington, Thursday, July 28, 2011. From left are, Rep. Jeb Hensarling, R-Texas, House Majority Leader Eric Cantor of Va., Rep.
Cindy Saine

The U.S. House of Representatives has delayed a vote on a Republican plan to cut government spending and raise the federal borrowing limit in two stages.  With only five days until a potential default on the national debt, drama reached a peak in the House late Thursday, as the Republican Speaker of the House, John Boehner, postponed the vote amid reports he did not have enough support among his own Republican caucus to pass it.

The vote on the bill proposed by House Speaker John Boehner was scheduled for early evening, Washington, D.C. time. But after two hours of debate on the “Budget Control” bill, instead of voting on it, the Republican-controlled House suddenly turned its attention to bills on re-naming post offices.

The House then recessed for several hours, amid reports that Speaker Boehner did not have the 217 votes he needed to pass the measure among his 240 Republican caucus members. 

Individual Republican lawmakers were seen entering and leaving the Speaker's office, amid speculation Boehner was holding one-on-one-consultations with anti-government Tea Party supporters, who have opposed the bill because they feel it does not cut spending enough.

Emerging from the Speaker's office, Republican Congressman Louie Gohmert of Texas told reporters he was still a “bloodied, but beaten NO” vote.

Earlier Thursday, Speaker Boehner appeared confident at a news conference.

“Today the House will take action, again, on a solution to end the debt limit crisis.  We will take action again, just like we did on our budget, on solutions to the problems that are facing our nation,” he said.

A number of Republican lawmakers took the floor to call for passage of the Boehner "Budget Control" bill,  which would cut government spending by a larger amount than it would increase the debt limit.  Republican Budget Committee Chairman Paul Ryan said the $14.3 trillion U.S. debt is not only endangering the future for America's children, but that all of that borrowed money and the interest paid on it are hurting the U.S. economy right now.

"Half of that money is coming from other other countries like China.  Why on earth do we want to give the president a blank check, to keep doing that, giving our sovereignty and our self-determination to other countries to loan us money to fund our government," said Ryan. "Those days have got to end."

Several Republican lawmakers said the bill was not perfect, but that it was a compromise and the best chance to avoid default.  House Minority Whip Steny Hoyer and other Democrats strongly disagreed, saying  the bill was not bipartisan and not a compromise.

"There is no common ground here, nor was it sought.  We find ourselves at an unprecedented place today.  Americans stand on the brink of default," said Hoyer. "It stands there my friends,  because the leadership of the House has failed to act in a timely and responsible way."

Congressman James Clyburn summed up the view of most Democratic lawmakers.

"While the clock is ticking, the Republican majority is dickering and the American people are hurting.  Our financial markets are on pace for their worst week in nearly a year.  State governments are bracing for downgrades in their borrowing capacities," he said.

Analysts see the postponement of the House vote as a political embarrassment for Boehner, and an indication that the Tea Party members of his caucus may oppose any raising of the debt ceiling.

On the Senate side, 53 senators have signed a letter saying they will not vote for the Boehner plan, so analysts says the House measure has virtually no chance of passing the Senate, even if the Speaker manages to get it passed in the House on Friday.  Senate Majority leader Harry Reid has put forward his own plan to raise the debt limit and cut spending, and it has been endorsed by President Barack Obama.

Without a deal on some kind of plan to raise the $14.3 trillion legal limit on borrowing by the deadline, the Treasury Department says it will not have enough money to pay all of its bills starting August 2. That could bring a default that would likely prompt rating agencies to cut the U.S. credit rating, bringing higher interest rates and hurting economic growth.


You May Like

Brutality Eroding IS Financial Support

Director of National Intelligence James Clapper says IS's penchant for publicizing beheadings, other brutal forms of punishment hurts group’s bottom line More

Studies: Climate Change a Factor in Disasters in Syria, California

The studies point to the possibility of clear and present dangers from a threat often considered to be far in the future More

Video Afghan Refugees Complain of Harassment in Pakistan

Afghan officials and human rights organizations assert that Pakistani authorities are using deadly attack at school in Peshawar as pretext to push out Afghan refugees More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Kerry Seeks Assurances of Russian Non-Interference in Ukrainei
X
March 03, 2015 3:11 AM
U.S. Secretary of State John Kerry has told his Russian counterpart, Sergei Lavrov, that his country could face further consequences to what he called its “already strained economy” if Moscow does not fully comply with a cease-fire in Ukraine. The two met, on Monday, on the sidelines of a U.N. Human Rights Council meeting in Geneva, where Kerry outlined human rights violations in Russian-annexed Crimea and eastern Ukraine. VOA State Department correspondent Pam Dockins reports from Geneva.
Video

Video Kerry Seeks Assurances of Russian Non-Interference in Ukraine

U.S. Secretary of State John Kerry has told his Russian counterpart, Sergei Lavrov, that his country could face further consequences to what he called its “already strained economy” if Moscow does not fully comply with a cease-fire in Ukraine. The two met, on Monday, on the sidelines of a U.N. Human Rights Council meeting in Geneva, where Kerry outlined human rights violations in Russian-annexed Crimea and eastern Ukraine. VOA State Department correspondent Pam Dockins reports from Geneva.
Video

Video Smartphones May Help in Diagnosing HIV

Diagnosing infections such as HIV requires expensive clinical tests, making the procedure too costly for many poor patients or those living in remote areas. But a new technology called lab-on-a-chip may make the tests more accessible to many. VOA’s George Putic reports.
Video

Video Afghan Refugees Complain of Harassment in Pakistan

Afghan officials have expressed concern over reports of a crackdown on Afghan refugees in Pakistan following the Peshawar school attack in December. Reports of mass arrests and police harassment coupled with fear of an uncertain future are making life difficult for a population that fled its homeland to escape war. VOA’s Ayesha Tanzeem reports from Islamabad.
Video

Video Ukrainian Volunteers Prepare to Defend Mariupol

Despite the ongoing ceasefire in Ukraine, soldiers in the city of Mariupol fear that pro-Russian separatists may be getting ready to attack. The separatists must take or encircle the city if they wish to gain land access to Crimea, which was annexed by Russia early last year. But Ukrainian forces, many of them volunteers, say they are determined to defend it. Patrick Wells reports from Mariupol.
Video

Video Moscow Restaurants Suffer in Bad Economy, Look for Opportunity

As low oil prices and Western sanctions force Russia's economy into recession, thousands of Moscow restaurants are expected to close their doors. Restaurant owners face rents tied to foreign currency, while rising food prices mean Russians are spending less when they dine out. One entrepreneur in Moscow has started a dinner kit delivery service for those who want to cook at home to save money but not skimp on quality. VOA's Daniel Schearf reports.
Video

Video US, Cuba Report Progress in Latest Talks to Restore Ties

The United States and Cuba say they have made progress in the second round of talks on restoring diplomatic relations more than 50 years after breaking off ties. Delegations from both sides met in Washington on Friday to work on opening embassies in Havana and Washington and iron out key obstacles to historic change. VOA’s Mary Alice Salinas reports from the State Department.
Video

Video Presidential Hopefuls Battle for Conservative Hearts and Minds

One after another, presumptive Republican presidential contenders auditioned for conservative support this week at the Conservative Political Action Conference held outside Washington. The rhetoric was tough as a large field of potential candidates tried to woo conservative support with red-meat attacks on President Barack Obama and Democrats in Congress. VOA Political Columnist Jim Malone takes a look.
Video

Video NYC's Restaurant Week: An Economic Boom in Fine Dining

New Yorkers take pride in setting world trends — in fashion, the arts and fine dining. The city’s famous biannual Restaurant Week plays a significant role in a booming tourism industry that sustains 359,000 jobs and generates $61 billion in yearly revenue. VOA's Ramon Taylor reports.
Video

Video Brookhaven at Cutting Edge of US Energy Research

Issues like the Keystone XL pipeline, fracking and instability in the Middle East are driving debate in the U.S. about making America energy independent. Recently, the American Energy Innovation Council urged Congress and the White House to make expanded energy research a priority. One beneficiary of increased energy spending would be the Brookhaven National Lab, where clean, renewable, efficient energy is the goal. VOA's Bernard Shusman reports.
Video

Video Southern US Cities Preserve Civil Rights Heritage to Boost Tourism

There has been a surge of interest in the American civil rights movement of the 1950s and '60s, thanks in part to the Hollywood motion picture "Selma." Five decades later, communities in the South are embracing the dark chapters of their past with hopes of luring tourism dollars. VOA's Chris Simkins reports.
Video

Video Deep Under Antarctic Ice Sheet, Life!

With the end of summer in the Southern hemisphere, the Antarctic research season is over. Scientists from Northern Illinois University are back in their laboratory after a 3-month expedition on the Ross Ice Shelf, the world’s largest floating ice sheet. As VOA’s Rosanne Skirble reports, they hope to find clues to explain the dynamics of the rapidly melting ice and its impact on sea level rise.
Video

Video Lao Dam Project Runs Into Opposition

A Lao dam project on a section of the Mekong River is drawing opposition from local fishermen, international environmental groups and neighboring countries. VOA's Say Mony visited the region to investigate the concerns. Colin Lovett narrates.

All About America

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More